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India debates raising taxes on the rich ahead of budget

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At present, the top income tax rate is 30%, which applies to earnings above 1 million rupees a year. There are just 35 million taxpayers in a country of 1.2 billion people, and of them about 1.5 million declare annual earnings of more than 1 million rupees, according to the Finance Ministry. Read More

  1. admin Reply

    February 27, 2013 at 9:59 am

    good post

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